eToro versus NAGA

The 25M+ eToro trading community benefits from CopyTrader, CopyPortfolios, and in-house managed thematic investment portfolios. Beginners get a quality educational portal with eToro Academy, eToro plus, and The Bull Club. eToro also expanded further in cryptocurrencies with a newly launched NFT fund.

NAGA is a fast-growing social trading broker headquartered in Germany, where its 2017 IPO ranked as the most successful that year. Traders get the MT4/MT5 trading platforms for algorithmic portfolio management. It also developed a popular mobile app and payment solution, issued its cryptocurrency coin, and remains financially backed by well-known investors. NAGA also launched its NAGAx crypto exchange and features quality education.

We have conducted an in-depth review of eToro and NAGA to determine which one presents the better overall choice and which traders will benefit the most at either broker.

• Features and Platforms
• Available Markets
• Typical Spreads and Fees
• Security and Trust
• eToro vs. NAGA - Verdict

Features and Platforms

Features & Platforms	eToro (visit site)	NAGA (visit site)
Headquarter:	Israel	Germany
Established :	2007	2015
Retail Loss Rate:	Undisclosed	80.85%
Regulation:
Minimum Deposit:	$10 - $10,000	$250
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee	$10 monthly after 12 months	$20 annually after 12 months
Deposit Fee:	Third-Party	Third-Party
Withdrawal Fee	Yes + Third-Party	Yes + Third-Party
Funding Methods:	10	17+
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:	Large trading community	Copy-trading platform
Unique Feature Two:	Copy-trading platform	NFT marketplace
Broker Offers:	See what eToro offers*74% of retail CFD accounts lose money	See what NAGA offers

Noteworthy:

eToro has more active social traders, but NAGA has a broader product and services portfolio resulting in a more competitive and cheaper trading environment.

Available Markets

Both brokers offer traders a balanced asset selection with sufficient trading instruments for most retail traders. eToro has more than twice as many equity CFDs as NAGA and provides in-house managed thematic portfolios. NAGA offers higher leverage in its non-EU entity and maintains a better cryptocurrency coverage, and both also feature direct share dealing for long-term investors.

Typical Spreads and Fees

eToro and NAGA both maintain relatively higher-end Forex trading costs, which NAGA lowers for deposits above $50,000. Equity CFDs at eToro face a 0.09% commission and a €1.98 to €5.00 flat fee at NAGA, making it cheaper for most CFD traders, but eToro offers commission-free direct share dealing.